Men's Wearhouse Reports Fiscal 2010 Second Quarter Results

September 8, 2010 Men's Wearhouse Reports Fiscal 2010 Second Quarter Results - Q2 2010 GAAP diluted EPS was $0.80 and adjusted diluted EPS was $0.83 compared with Q2 2009 GAAP diluted EPS of $0.75 - Company provides guidance for third quarter of fiscal 2010 - Conference call at 5:00 pm Eastern today HOUSTON, Sept. 8 /PRNewswire-FirstCall/ -- The Men's Wearhouse (NYSE: MW) today announced its consolidated financial results for the second quarter ended July 31, 2010. Second Quarter Sales Summary Fiscal 2010 Total Sales Comparable Store Sales U.S. dollars, in millions Change % Change % Current Year Prior Year Current Year Prior Year Total Company $ 537.0(a) $ 526.2(a) 2.0% MW $ 367.4(b) $ 359.0(b) 2.3% 2.7% (c) - 2.0% (c) K&G $ 87.6 $ 93.6-6.4% - 4.6% - 3.6% United States $ 465.4 $ 461.0 1.0% 1.2% - 2.4% Moores $ 71.6 $ 65.2 9.7% 0.6% (d) - 3.4% (d) Year-To-Date Sales Summary Fiscal 2010 Total Sales Comparable Store Sales U.S. dollars, in millions Change % Change %

Current Year Prior Year Current Year Prior Year Total Company $ 1,010.5(a) $ 990.3(a) 2.0% MW $ 685.7(b) $ 670.0(b) 2.3% 2.6% (c) - 4.4% (c) K&G $ 185.8 $ 198.1-6.2% - 4.8% - 0.6% United States $ 891.5 $ 886.0 0.6% 0.9% - 3.5% Moores $ 118.9 $ 104.3 14.0% 0.5% (d) - 3.7% (d) (a) Due to rounded numbers total company may not sum. (b) Total sales from retail stores and ecommerce. (c) Comparable store sales do not include ecommerce. (d) Comparable store sales change is based on the Canadian dollar. GAAP diluted earnings per share were $0.80 for the second quarter ended July 31, 2010. Adjusted diluted earnings per share were $0.83 after excluding $2.7 million ($1.7 million after tax or $0.03 per diluted share outstanding) in acquisition costs related to the Company's acquisition of Dimensions Clothing Limited ("Dimensions") and certain assets of Alexandra plc ("Alexandra") on August 6, 2010. This compares to diluted earnings per share guidance given June 9, 2010 of $0.75 to $0.78. Prior year second quarter GAAP diluted earnings per share were $0.75. SECOND Quarter REVIEW Total Company sales increased 2.0% for the quarter. -- Clothing product sales, representing 67.5% of fiscal second quarter 2010 total net sales, decreased 0.6% due mainly to a decrease in store traffic levels at Men's Wearhouse and a decrease in the average transaction value at K&G. -- Tuxedo rental sales, representing 26.5% of fiscal second quarter 2010 total net sales, increased 10.0% due mainly to an increase in units rented. Gross margin before occupancy costs, as a percentage of total net sales, increased 226 basis points from 59.1% to 61.3%. Clothing product margins, as a percentage of related

sales, increased 224 basis points due primarily to different promotional offerings, as well as the mix of products on promotion, in 2010 compared to 2009 and lower product costs. Tuxedo rental margins, as a percentage of related sales, increased 111 basis points due primarily to a decrease in rental product retirement costs in 2010. Occupancy costs decreased, as a percentage of total net sales, by 89 basis points from 13.9% to 13.0%. On an absolute dollar basis, occupancy costs decreased 4.5% from $73.1 million in the prior year to $69.8 million due primarily to lower depreciation costs. Selling, general and administrative expenses were $191.2 million. The prior year quarter included a cumulative adjustment of $3.1 million for gift card breakage income. Excluding this other income, SG&A expense was $177.0 million in the prior year quarter. During the current quarter, the Company incurred $2.7 million in costs associated with the August 6, 2010 acquisition of Dimensions and certain assets of Alexandra. Excluding these costs, second quarter SG&A expenses were $188.5 million or an increase of 6.5% to the adjusted prior year quarter. The increase is primarily due to increased marketing costs and increased employee benefit costs. As a percentage of total net sales, adjusted SG&A increased 146 basis points from 33.6% to 35.1%. Operating income was $68.4 million. Excluding $2.7 million in costs associated with the acquisitions, operating income was $71.1 million or 13.2% of total net sales compared to operating income of $63.9 million or 12.1% of total net sales for the same period last year. The effective tax rate for second quarter fiscal 2010 was 37.6%. Cash and cash equivalent balances as of the end of the second quarter of 2010 were $281.5 million. Total inventories of $416.4 million declined 3.3% from the prior year second quarter of $430.8 million. Current maturities of long-term debt were $45.2 million as of the end of the second quarter of 2010. THIRD QUARTER 2010 HIGHLIGHTS AND GUIDANCE Dimensions and Alexandra Acquisitions On August 6, 2010, the Company acquired Dimensions and certain assets of Alexandra, two leading providers of corporate clothing uniforms and workwear in the United Kingdom, for total cash consideration of approximately 61 million pounds Sterling (US$97.8 million). The combined businesses are organized under a UK-based holding company of which Men's Wearhouse controls 86% and certain existing shareholders of Dimensions controls 14%. The financial results of the combined operations, excluding integration and transaction costs, are expected to be neutral to $0.01 accretive to the Company's 3Q FY 2010 diluted earning per share. Total sales of the combined operations are expected in a range of US$49 million to US$51 million. Transaction costs and integration expenses for third

quarter are expected to be $1.8 million ($1.1 million after tax and non-controlling interest or $0.02 per diluted share outstanding). Tuxedo Distribution Closures In late August 2010, a decision was made by the Company to cease tuxedo distribution operations in November 2010 at four of the eleven facilities that we currently use for tuxedo distribution. The operations at these four facilities will be assumed by other tuxedo distribution facilities in our system allowing us to more effectively manage our tuxedo rental operations. In the third quarter, we expect a charge of approximately $2.2 million ($1.5 million after tax or $0.03 per diluted share outstanding) consisting primarily of severance payments and fixed asset write-offs. In the fourth quarter, we expect an additional charge of approximately $0.6 million consisting primarily of severance payments, fixed asset writeoffs and facility remediation. The expected benefit to fiscal 2011 as a result of these closures would be a reduction in operating costs of approximately $4.0 million. Third Quarter Financial Guidance Summary For the third quarter of the fiscal year, GAAP diluted earnings per share are expected to be in a range of $0.35 to $0.42. Adjusted diluted earnings per share are expected to be in a range of $0.40 to $0.47 excluding transaction costs and integration expenses of $1.8 million ($1.1 million after tax and non-controlling interest or $0.02 per diluted share outstanding) and $2.2 million in tuxedo distribution closure costs ($1.5 million after tax or $0.03 per diluted share outstanding). Historical Actual Guidance 3Q FY 2009 3Q FY 2010 Total Sales +0.5% + low double digits (1) Comparable Store Sales (2) MW -0.2% + low to mid single digit K&G -1.1% - mid single digit Moores +1.9% Flat Gross Profit Growth Rate -0.0% + low double digits (3) S G & A Expense Growth Rate -2.6% (4) + low double digits (5) Effective Tax Rate 34.51% 31.30% (6)

Shares Outstanding (millions) 52.442 52.811 GAAP Diluted EPS $0.37 $0.35 to $0.42 Adjusted Diluted EPS $0.40 to $0.47 (5) Foreign Exchange Conversion (avg.) US Dollar to GBP n/a 1.53 US Dollar to Canadian Dollar 0.93 0.96 1. Includes US$49 million to US$51 million of sales from acquired operations of Dimensions and Alexandra in the 3Q of FY 2010. 2. Includes an assumed increase in tuxedo rental revenues of + low double digits in the 3Q of FY 2010 compared to the prior year quarter increase of 2.1%. 3. Occupancy costs are expected to decrease in the low single digit range in the 3Q of FY 2010 from the prior year quarter. 4. Excludes $1.8 million in costs in the 3Q 2008 from the closing of Golden Brand. 5. Excludes acquisition transaction and integration costs and costs associated with the closure of four tuxedo distribution centers in the 3Q of FY 2010. 6. Includes a $1.4 million benefit in the 3Q 2010 from reduction of tax valuation reserves. UPDATED CONFERENCE CALL AND WEBCAST INFORMATION At 5:00 p.m. Eastern time on Wednesday, September 8, 2010, Company management will host a conference call and real time web cast to review the fiscal second quarter and its outlook for the third quarter of fiscal 2010. To access the conference call, dial 480-629-9770. To access the live webcast presentation, visit the Investor Relations section of the Company's website at www.menswearhouse.com. A telephonic replay will be available through September 15, 2010 by calling 303-590-3030 and entering the access code of 4355146#, or a webcast archive will be available free on the website for approximately 90 days. STORE INFORMATION July 31, 2010 August 1, 2009 January 30, 2010 Number Sq. Ft Number Sq. Ft. Number Sq. Ft. of Stores (000's) of Stores (000's) of Stores (000's)

Men's Wearhouse 584 3,307.0 580 3,274.1 581 3,284.4 Men's Wearhouse and Tux 434 596.4 473 644.4 454 623.4 Moores, Clothing for Men 117 735.7 117 732.7 117 734.6 K&G (a) 104 2,426.7 108 2,488.4 107 2,475.6 Total 1,239 7,065.8 1,278 7,139.6 1,259 7,118.0 (a) 95, 94 and 94 stores, respectively, offering women's apparel. Founded in 1973, Men's Wearhouse is one of North America's largest specialty retailers of men's apparel with 1,239 stores. The Men's Wearhouse, Moores and K&G stores carry a full selection of designer, brand name and private label suits, sport coats, furnishings and accessories and Men's Wearhouse and Tux stores carry a limited selection. Tuxedo rentals are available in the Men's Wearhouse, Moores and Men's Wearhouse and Tux stores. Additionally, Men's Wearhouse operates a global corporate apparel and workwear group consisting of TwinHill in the United States and Dimensions and Alexandra in the United Kingdom. This press release contains forward-looking information. The forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be significantly impacted by various factors, including sensitivity to economic conditions and consumer confidence, possibility of limited ability to expand Men's Wearhouse stores, possibility that certain of our expansion strategies may present greater risks, changes in foreign currency rates and other factors described in the Company's annual report on Form 10-K for the fiscal year ended January 30, 2010, Form 10-Q for the quarter ended May 1, 2010 and Current Report on Form 8-K/A filed on August 16, 2010. For additional information on Men's Wearhouse, please visit the Company's website at www.menswearhouse.com. CONTACT: Neill Davis, EVP & CFO, Men's Wearhouse (281) 776-7000 Ken Dennard, DRG&E (713) 529-6600

THE MEN'S WEARHOUSE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) FOR THE THREE MONTHS ENDED July 31, 2010 AND August 1, 2009 (In thousands, except per share data) Three Months Ended Variance % of % of Basis 2010 Sales 2009 Sales Dollar % Points Net sales: Clothing product $362,228 67.46% $ 364,302 69.23% $(2,074) (0.57%) (1.78) Tuxedo rental services 142,462 26.53% 129,567 24.62% 12,895 9.95% 1.91 Alteration and other services 32,299 6.01% 32,339 6.15% (40) (0.12%) (0.13) Total net sales 536,989 100.00% 526,208 100.00% 10,781 2.05% 0.00 Total cost of sales 277,406 51.66% 288,420 54.81% (11,014) (3.82%) (3.15) Gross margin (a) 259,583 48.34% 237,788 45.19% 21,795 9.17% 3.15 Selling, general and administrative expenses 191,168 35.60% 173,896 33.05% 17,272 9.93% 2.55 Operating income 68,415 12.74% 63,892 12.14% 4,523 7.08% 0.60 Net interest (275) (0.05%) - 0.00% (275) 100.00% 0.05

Earnings before income taxes 68,140 12.69% 63,892 12.14% 4,248 6.65% 0.55 Provision for income taxes 25,620 4.77% 24,407 4.64% 1,213 4.97% 0.13 Net earnings $ 42,520 7.92% $ 39,485 7.50% $3,035 7.69% 0.41 Net earnings per diluted common share (b) $ 0.80 $ 0.75 Weighted average diluted common shares outstanding: 52,806 52,255 (a) Gross margin as a percentage of related sales: Three Months Ended Variance % of % of Related Related Basis 2010 Sales 2009 Sales Dollar % Points Clothing margin $ 201,107 55.52% $ 194,115 53.28% $ 6,992 3.60% 2.24 Tuxedo margin 120,426 84.53% 108,092 83.43% 12,334 11.41% 1.11 Alteration and other services margin 7,853 24.31% 8,649 26.74% (796) (9.20%) (2.43) Occupancy costs (69,803) (13.00%) (73,068) (13.89%) 3,265 4.47% 0.89 Gross margin $ 259,583 48.34% $ 237,788 45.19% $ 21,795 9.17% 3.15 (b) Calculated based on net earnings less net earnings allocated to participating

securities. THE MEN'S WEARHOUSE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) FOR THE SIX MONTHS ENDED July 31, 2010 AND August 1, 2009 (In thousands, except per share data) Six Months Ended Variance % of % of Basis 2010 Sales 2009 Sales Dollar % Points Net sales: Clothing product $ 730,599 72.30% $ 723,364 73.04% $ 7,235 1.00% (0.74) Tuxedo rental services 214,616 21.24% 200,986 20.29% 13,630 6.78% 0.94 Alteration and other services 65,240 6.46% 65,992 6.66% (752) (1.14%) (0.21) Total net sales 1,010,455 100.00% 990,342 100.00% 20,113 2.03% 0.00 Total cost of sales 549,800 54.41% 564,565 57.01% (14,765) (2.62%) (2.60) Gross margin (a) 460,655 45.59% 425,777 42.99% 34,878 8.19% 2.60 Selling, general and administrative expenses 370,818 36.70% 353,109 35.66% 17,709 5.02% 1.04 Operating income 89,837 8.89% 72,668 7.34% 17,169 23.63% 1.55

Net interest (500) (0.05%) (160) (0.02%) (340) 212.50% 0.03 Earnings before income taxes 89,337 8.84% 72,508 7.32% 16,829 23.21% 1.52 Provision for income taxes 33,209 3.29% 27,767 2.80% 5,442 19.60% 0.48 Net earnings $ 56,128 5.55% $ 44,741 4.52% $11,387 25.45% 1.04 Net earnings per diluted common share (b) $ 1.05 $ 0.85 Weighted average diluted common shares outstanding: 52,717 52,105 (a) Gross margin as a percentage of related sales: Six Months Ended Variance % of % of Related Related Basis 2010 Sales 2009 Sales Dollar % Points Clothing margin $ 402,165 55.05% $ 385,720 53.32% $ 16,445 4.26% 1.72 Tuxedo margin 181,254 84.46% 167,479 83.33% 13,775 8.22% 1.13 Alteration and other services margin 16,730 25.64% 18,212 27.60% (1,482) (8.14%) (1.95) Occupancy costs (139,494) (13.81%) (145,634) (14.71%) 6,140 4.22% 0.90 Gross margin $ 460,655 45.59% $ 425,777 42.99% $ 34,878 8.19% 2.60

(b) Calculated based on net earnings less net earnings allocated to participating securities. THE MEN'S WEARHOUSE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) July 31, August 1, 2010 2009 ASSETS Current assets: Cash and cash equivalents $ 281,500 $ 144,449 Short-term investments - 19,490 Accounts receivable, net 19,066 17,129 Inventories 416,377 430,777 Other current assets 61,762 51,876 Total current assets 778,705 663,721 Property and equipment, net 333,133 375,595 Tuxedo rental product, net 91,690 107,848 Goodwill 60,449 59,266 Other assets, net 22,850 16,466 Total assets $ 1,286,827 $ 1,222,896

LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 82,163 $ 78,918 Accrued expenses and other current liabilities 129,971 115,488 Income taxes payable 7,589 19,276 Current maturities of long-term debt 45,226 - Total current liabilities 264,949 213,682 Long-term debt - 43,161 Deferred taxes and other liabilities 64,402 63,289 Total liabilities 329,351 320,132 Shareholders' equity: Preferred stock - - Common stock 708 703 Capital in excess of par 332,677 319,029 Retained earnings 1,000,553 961,670 Accumulated other comprehensive income 36,308 33,988 Treasury stock, at cost (412,770) (412,626) Total shareholders' equity 957,476 902,764 Total liabilities and equity $ 1,286,827 $ 1,222,896

THE MEN'S WEARHOUSE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) FOR THE SIX MONTHS ENDED July 31, 2010 AND August 1, 2009 (In thousands) Six Months Ended 2010 2009 CASH FLOWS FROM OPERATING ACTIVITIES: Net earnings $ 56,128 $ 44,741 Non-cash adjustments to net earnings: Depreciation and amortization 36,885 43,881 Tuxedo rental product amortization 20,812 22,089 Other 10,953 (376) Changes in assets and liabilities 5,510 (206) Net cash provided by operating activities 130,288 110,129 CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures (25,865) (28,757) Other investing activities 23 - Net cash used in investing activities (25,842) (28,757) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from issuance of common stock 1,321 1,051 Payments on revolving credit facility - (25,000) Cash dividends paid (9,535) (7,344) Other financing activities (2,020) (1,678)

Net cash used in financing activities (10,234) (32,971) Effect of exchange rate changes 1,270 8,636 INCREASE IN CASH AND CASH EQUIVALENTS 95,482 57,037 Balance at beginning of period 186,018 87,412 Balance at end of period $ 281,500 $ 144,449 SOURCE Men's Wearhouse